There’s Still Time to File for Paycheck Protection Program (PPP)

With the August 8 deadline approaching for businesses to file for the Paycheck Protection Program, Modern Restaurant Management (MRM) magazine quizzed Christian Warner, Director of Domestic Policy & Corporate Social Responsibility at Kabbage for what restaurants need to know to apply for funding. 

What can restaurants do now to file for PPP before it’s too late?Don’t wait, the sooner applications are submitted, the sooner the approval process can start. The application deadline is now August 8, 2020, and my company is accepting applications for all eligible small businesses, including new customers and the self-employed. Make sure you have your required paperwork in order including your business’s tax filings for 2019. We continue to streamline the application process as the median time it takes to apply, be verified and receive SBA approval through Kabbage is four hours.  For more details including the required paperwork and process can be found here.

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